Who needs to swim in the ocean when youve got a pool this gargantuan? Simply stunning! Property listed by Aska Estate Hawaii Inc. 72 Kalaheo Avenue, Kailua 96734|MLS #:201714646. Moving to Hawaii, Theres room for expansion, too; Toyota also owns the adjacent lot, which is assessed at $4.7 million. Jaw-dropping features include: Known as Hale Ae Kai, or Where the land meets the sea, this estate is not only Kauais most expensive home on the market, it is the most expensive offering in all of Hawaii. Its unlikely developers could actually produce and sell $1 million homes to satisfy an affordable-housing condition under state and county requirements typically tied to projects that receive zoning changes, development bonuses and fee waivers. Here are some comparable home values that earn a luxury designation: $1.6M United States; $2.1M Worldwide; $4.0M in Los Angeles; What counts as a luxury home varies regionally here in Southern California, too. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Ward Village must include around 900 below-market homes under a master plan subject to pre-2018 price limit guidelines tied to 140% of the median income. The living spaces of this sprawling property have been impeccably designed, offering facilities such as a glittering pool, four-car garage, gym, BBQ area, and an elevator. Of course, you'd surely want to spend all of your time outside soaking up both the sun and the view. There are only about five single family homes and 25 condos selling for around $1 million. It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for "affordable" housing in Honolulu under a state guideline. Hawaii's most accurate home valuation tool. Copyright 2023 MLS Hawaii, Inc. All rights reserved. With 11,076 square feet, 8 bedrooms and 9 and a half bathrooms, this is an unmatchable piece of beachfront real estate in Kapalua is located on almost a full acre. What should the owners of a family business consider when dividing shares of stock among their children? Complete with two master suites, 6 guest rooms, media room, library, office, pool, three-car garage, and more whats not to love about this luxury Maui property listing? The most expensive single-family home currently for sale on Oahu sits on 2 acres of enviable oceanfront land fronting Kailua Bay in the Beachside neighborhood. Haena Point serves as the perfect gateway between Mauka (Mountains) and Makai (Ocean). Information is deemed reliable but not guaranteed. The place remains impressive, though. In addition to the main 4-bedroom, 4.5-bathroom residence, the property also includes a 3-bedroom, 3.5-bathroom guest residence and outdoor entertainment pavilion with poolside bar, kitchen and spa bathroom. The national average cost of home insurance is $2,777 a year or $231 a month for a policy with $300,000 in dwelling coverage and liability and a $1,000 deductible. Request an appointment to view this property by completing the information below. Our median home price is over $1 Million and as local real estate investors, we are looking for ways to keep houses affordable. Of course, when you live on an oceanfront Hualalai estate, you dont need to pick just one. Seventy-eight Hawaii sales closed in that stratosphere in 2021, more than three times the number that sold in 2020. Talk about ritzy stretches of beach: This Kapalua mansion is next door to Christian Riese Lassens house (No. Yes, that Schwabfounder and chairman of the Charles Schwab Corp., and ranked by Forbes as the 50th richest person in the U.S., with a fortune totaling approximately $4.7 billion. Your email address will not be published. Dubbed Hale Palekaiko - House of Paradise - this recently completed contemporary tropical estate is designed by award-winning architect Peter Vincent. Moving here? if (d.getElementById(id)) return; This 10,000-sqft grand penthouse is the ultimate in luxury living. Waiea represents a new level of luxury in Hawaii and is the flagship building of Honolulus most distinguished urban neighborhood, Ward Village in Kakaako. The 15.33-acre property comes. A year after shelling out $8 million for a vacation home on the Hawaii island of Kauai, the guitarist has closed on a larger property nearby for $20.5 . The .7-acre lot is assessed at $13.3 million. 10 Stunning Million-Dollar Homes In Hawaii, $11.9 million Hawaiian estate that musician Carlos Santana sold, Hawaiian home that golf star Vijay Singh put on the market for a whopping $23 million. Property listed by List Sotheby'S Int'L Realty. It also has private stairs to the beach, gated entry, two oceanfront master suites with private lanais, a media room, spa and lush tropical landscaping. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. New Jersey). Your next dream home may just be a click away. What I love: In conclusion, 9 out of the 10 homes are located on Kauais green and lush North Shore. The lavish lair has officially sold for $46.1 millionfar less than its asking price, yet still enough to set a record as the priciest single-family home ever sold in the state. funeral homes dixon mo. Operating farm coconuts, citrus, extensive orchards, and exotic palms. For Sale, We will pre-fill the registration form with information in our files. 1118 Ala Moana Boulevard, GPH 36, Honolulu | MLS #:201612214 $36,000,000 5 bedrooms 5 full baths 1 half baths 10,076 sqft The most expensive home currently for sale on Oahu sits atop 36-floor luxury high-rise condo building, Waiea ("water of life") in the booming Kakaako neighborhood. The pricing of these homes is really based on what buyers value them at with all of the restrictions that are placed on them, said Race Randle, senior vice president of planning and development in Hawaii for Howard Hughes Corp., the developer of Ward Village in Kakaako. js.src = '//cdn4.wibbitz.com/static.js'; Land, Bartz has a long tech pedigree: When she purchased the property in 2006, she was working as president and CEO of Autodesk, a design software company, and has also worked at Sun Microsystems and Digital Equipment Corp. $17 MILLION Mansion on Oahu, Hawaii - Home Tour Aloha Films 6.01K subscribers 2.5K Share 192K views 4 years ago HAWAII KAI Smash the like button for this luxury real estate home in. Information is deemed reliable but not guaranteed. May we suggest a car dealership? This Hawaiian home may cost $4,495,000, but it's surely worth every penny. From cascading waterfalls to multi-island views, its no wonder Maui is making a name for itself as the hottest spot for multi-million dollar listings. Real estate agent Jeffrey Fox brokered the 1997 sale to its current owner, Kirin Planning. Anini Kai this North Shores Hollywood-esque estate overlooks Anini Beach and the mountains surrounding Hanalei. Used under license. Schutter was the kind of guy who would drive around town in a Rolls Royce convertible with the license plate Sue Em.. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. It's a primal human urge to live by the water, where the endlessly changing vistas of clouds and sky, sea, lake, and river enhance the rhythms of daily life. After all, a $1 million home loan with zero down payment and a 4.16% interest rate has an estimated monthly mortgage payment of $6,000 that's a lot more than the average homebuyer can afford. But some affordable-housing advocates question the need to subsidize housing for households earning well above the median income and that issue is not new or limited to HHFDC. of indoor/outdoor living space, Constructed by Kauais number one builder, Randy Weir Construction, Main House 2,737 sqft., 3 Bed | 3.5 Bath, Incredible Views and World-Class Surfing, literally at your doorstep, Guest House 2,000 sqft., 2 Bed | 2 Bath, Views of waterfalls pouring out of the Namolokama Mountain, 2,238 linear square feet of pristine ocean bluff bordering the practically untouched Waiakalua Beach, Access the Secluded Beach for a dip by walking or driving, Ocean views from essentially every room, even the pool and spa, Extensive native plants & landscaped gardens, 4 Bed | 4 Bath; 4,458 sqft. Information is deemed reliable but not guaranteed. -Monica Toguchi,VP, Administration and Planning, Highway Inn Inc. A. Youre right,, Kauai Affiliate is Habitat for Humanitys Top Builder in Hawaii, Decrease in Home Prices Varies by Area on Oahu, Tracking Hawaii Homeowners Who are Equity Rich or Seriously Underwater, 20 for the Next 20: Robin Kobayashi, Hawaiian Airlines, 20 for the Next 20: Miki Moore-Hardisty, ProService Hawaii, 20 for the Next 20: Kuulani Keohokalole, People Strategies Hawaii, 20 for the Next 20: Jen Lau, Finance Enterprises, Internet Transforms Home Sales, but Realtors Survive. This property happens to be the most expensive parcel in Hualalai, and looks out onto the greens of the exclusive Hualalai golf course. We've rounded up the top 10 most expensive homes currently for sale in Honolulu so you can see how the ultra-rich and famous live. Caranos Kukio house may look compact compared with many of the other Kona estates, but it packs a lot into the more-than- 14,000-square-foot interior: the house is valued at $18.2 million, almost five times as much as the land on which it sits. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Were always looking forward to meeting with eager investors such as yourself and do our best to deliver top-quality service to our customers. For $2 million dollars you can become a homeowner in one of Mauis most sought-after locations, 30 Lewa Lani Place. Its summertime and that means a prime time to look into buying a home on the beautiful island of Maui. Check out our teams current North Shore listings. In most cases, the property details are also based on publicly available city and county data. Not counted in the totals is the sale that topped them all: the $78 million off-market deal that Amazon founder Jeff Bezos reportedly sealed for a secluded compound on La Perouse Bay on Maui. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. Under his management, the venture-capital company has invested, quite successfully, in tech-based startups; its portfolio includes a grab bag of up-and-comers in software, healthcare and computer technology. listings agent to show a property. Whether youre checking out Wailea, Makena, Kihei, Maalaea, Kaanapali, Kapalua, or Lahaina, each destination location is near some of the worlds best luxury resorts, world-class golf courses, plenty of fine dining, and high-end shopping, so youre never far from all the island excitement. Though 73% of the homes are valued at $1 million or more, less than 42% of households in the city earn $200,000 or more annually. This house looks out onto Kukios South Pond, and then onto the ocean. However, most would call a Realtor because they alone had access, Q. Locations, LLC may only show properties marked "Active" and "ACS". Its owned by George R. Roberts, the co-founder of a global leveraged buyout firm called Kohlberg Kravis Roberts & Co. (For an idea of how the business works, check out the 1990 book, later made into a movie, detailing his firms leveraged buyout of RJR Nabisco, entitled Barbarians at the Gate.) Kauai, According to Locations, million-dollar homes have been shrinking the fastest in Hawaii Kai by 20% over the past five years. Owners Charles and Elizabeth Thieriot frequently rent the place out for extravagant vacationers. We will not rent, share, or sell your information. Thanks, Window Washing Service Jefferson Park, Denver, CO, https://www.ktvn.com/story/43461794/signature-window-washing-company-celebrates-6-years-in-business, One of the benefits of living in Hawaii is the opportunity to be outside just about every day of the , One of the best things about living in the Hawaiian Islands or even just visiting is experiencing the , If you havent purchased a property on Maui before, this will be your quick guide on what the process looks , No Reserve Auction: Build Your Dream Ocean View Compound on Rare 15 Acres with Opportunity for AG Structures & Potential . Nationally, 2,300 residential properties across 30 markets closed for $10 million or more in 2021, more than double the transactions in 2020. The city and HCDA said their current maximum price for homes at the 120% of median income limit would be around $700,000 for a family of four. Hawaii Property Tax Calculator - SmartAsset Calculate how much you'll pay in property taxes on your home, given your location and assessed home value. Mentioned among Forbes' list of "Incredible Mansions," Hi'ilani ("In the Arms of Heaven") is a one-of-a-kind, 19th-century French-inspired estate designed to capture jaw-dropping ocean and sunset views. An off-grid residence that sits on almost 16 acres of land with an ocean view, the home is surprisingly stylish and amenity-filled. This is one to look more closely into. Activate your Digital Account now. Nationwide, a record 8.2% of U.S. homes (6 million) were valued at $1 million or more in February, according to a new report from real estate brokerage Redfin. If you love to entertain, this home's expansive, seaside lanais can't be beat! Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators Beachfront, $10.9 million. If you want to own one of Hawaiis top homes, it helps to be in computers or investment banking. Cities With the Most Million-Dollar Homes - 2021 Study - SmartAsset For this 2021 study, SmartAsset looked at data from the 150 largest U.S. cities and identified which ones have the most million-dollar homes. When this Mauna Kea Resort property sold for $29 million in 2007, it became one of Hawaiis biggest residential transactions ever. This browser is no longer supported. In Hawaii Kai, supply is low and competition is high with many properties selling for more than their listed price. This sleek Kona abode belongs to Sandra Kurtzig, who Entrepreneur Magazine called the first lady of computers. Kurtzig founded ASK Computer Systems out of her apartment in 1972, selling inventory-tracking and business-information software, and turned her tiny startup into a heavy hitter with 91 offices in 15 countries. Shown is Kakaakos The Collection condominium tower where five 2-bedroom, 2-bathroom units in the tower have sold for $1 million since September. If you are interested in appearing on our hit HGTV show Hawaii Lifeduring the process of purchasing a home or condo here on Kauai, Contact Me to find out how. However, some of the biggest master-planned communities on Oahu are now in relatively early stages of producing hundreds of homes subject to the older, higher limit. Overall, Koa Ridge may produce affordable housing geared for households earning up to 140% of the median income. The distribution of these palatial properties is also illuminating. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. All rights reserved. About the ratings: GreatSchools ratings are based on a comparison of test results for all schools in the state. It typically takes more than $1 million to buy a lavish home on Oahu, yet this rather hefty sum can be considered the price for affordable housing in Honolulu under a state guideline. Property listed by Sachi Hi Pacific Century Prop. As valuable as the oceanfront property is, the five-bedroom house is worth even more$14 million of pure luxury. Perry says some ultra-high-end buyers who may have looked at the Neighbor Islands in the past are now checking Oahu. I got married here on Kauai in June to my husband, Derek, and want to share the loving experience with you! The home also includes a 2,000-sqft rooftop lanai with private ocean-facing infinity pool and perpetual 360-degree views of the Pacific Ocean, Diamond Head, mountains and Waikiki. From the balmy island weather and ocean views to the award-winning architecture, these multi-million dollar mansions and well-appointed condos for sale invite the most discerning . Hawaii, HI Homes for Sale & Real Estate 2,859 Homes Available Tile Sort by 15 92-1414 KONA DR Lot : 8, Ocean View, HI 96737 1.002 ac Lot Size Lots And Land $49,500 USD 5.5K Lisa Edwards Kona Homes View Details 7 No address available Lot : 12, Ocean View, HI 96737 1 ac Lot Size Lots And Land $10,000 USD 5K Lisa Edwards Kona Homes View Details 17 This home features a private elevator, unsurpassed 360-degree views, a private rooftop infinity pool, sky lanai with outdoor kitchen and pool house, and 4-car garage. Leave your opinion here. The prevalence of million-dollar homes can vary significantly by metro. Median property tax rates in the U.S.. Under current guidelines, a family of four in Honolulu earning 140% of the median income can qualify for subsidized housing priced as high as $1,026,800. For more information, visit 1600 Asylum Ave.'s real estate listing. Currently, there are three oceanfront homes in Kailua Kona for under $1 million. On JamesEdition you can find luxury homes in Australia of any size between 1 and 9 bedrooms with an average of 321 in size. The affordable home price ceiling is based in part on a 3% interest rate and a 5% down payment. The highest price recorded for one property in Hawaii last year was $45 million for a beachfront home on Maui, one of the highest prices ever for a home in the Islands. Listed for $30 million, Idaho's new most . As your local North Shore experts and one of Kauais top-producing and most reputable teams, we have over 35 years of experience to guide our clients in making sound and smart decisions. Interested? For example, 52.89% of owner-occupied homes are valued at $1 million or more in San Jose, Calif., making it the only one of the nation's 50 largest metros where a majority of owner-occupied homes are worth at least $1 million. The owner is yet another investment banker: Paul Stephens, the chairman and a partner of Stephens Investment Management, and the co-founder and managing director of RS Investments, a San Francisco-based management group that manages more than $7 billion in assets. This browser is no longer supported. These restaurants and cafs hold themselves to a higher eco-standard that make deciding where to eat for ocean-minded people an easy decision. It has been provided by sources other than the Realtors Assoc. Check with the applicable school district prior to making a decision based on these boundaries. Zillow, Inc. holds real estate brokerage licenses in multiple states. Its lot 1A, the premier parcel in the private, luxury residential community of Kukio. Sarofim, an Egyptian-born money manager who is known as the Sphinx, bought the house in 1999 for $15 million, and has since made extensive renovations to the aging Kahala Avenue property. Do Not Sell or Share My Personal Information, 442-H New York Standard Operating Procedures. Oahu boasts some of the world's finest homes--and some of the world's heftiest home prices. in Agents, Architecture, Beachfront, Decor, Design, For Sale, Hawaii, Interior Design, Kauai, Lifestyle, Luxury, Market Intelligence, Market Trends, Marketing, Moving To Hawaii, Ocean View, Oceanfront, Acreage, If you have any questions about these beachfront properties in Hawaii or other listings, make sure to contact us today. 1118 Ala Moana Boulevard, GPH 35, Honolulu|MLS #:201629077. If you're interested in becoming a Hawaii homeowner, we encourage you to begin our smooth and secure application process. $1,395,000. Guy Laliberte, the founder of the internationally known circus, is worth $2.5 billion, according to Forbes most recent list of the worlds billionaires. If youre getting married on Kauai, contact me and I can point you in all the right directions! Copyright 2023 REALTORS Association of Maui, Inc. All Rights Reserved North Shore Agents, Prices in the initial affordable subdivision dubbed Malina have not yet been set, but would largely align with city guidelines allowing homes priced from $400,000 to $700,000 for households with two or three people earning up to 120% of the median income. The current U.S. median home value is $182,500, according to Zillow. The owner of this lavish Kona estate is, to our knowledge, the only one to have owned two of the houses on this list (even if it wasnt simultaneously). Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Dave Minkus - (808) 437-8500. Expanding the scope to all of Hawaii has raised the stakes considerably: While the top property in 2005 was assessed at $15.2 million, that number wouldnt even get you on the bottom rung of this years list. Whoever is willing to pay that kind of money will be able to enjoy the 6,294-square-foot interior that has everything you need to stay cozy. When it comes to luxury living, nowhere else in the world can compare to Maui. Learn more. Oceanfront, The publicly traded SalesForce has been lauded as one of BusinessWeeks Top 100 Most Innovative Companies. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Keep your eye on this property! This island is home to some stunning natural beauty that will make your jaw drop! Besides the coveted, surreal location, what else makes this home special? Just minutes away are the Shops at Kukuiula where you can find fine dining, fresh boutiques, and a bustling community. Boulder's gap between the percentage of million-dollar homes and the number of households that may be able to afford them is particularly interesting given recent increases in home values. In 2015, only 14.4% of homes were valued at $1 million or more, compared to 44.4% in 2021. Each of our real estate listings provides comprehensive information on essential details including property features, price change, transaction history, and amenities. While the media room, walk-in closets, jacuzzi, steam room, koi pond, waterfall, and cabana are all spectacular, this property, dubbed the Molokai Equestrian Estate, is a horse rider's dream come true. Weisel is a three-time world masters cycling champion. Agents, An average home in the area will set you back around $863,632, according to Zillow. The spectacular windows in this $5,150,000 home will give the fortunate homeowner a fabulous view of both the pool and the ocean beyond. This Wailea property, known as sandy surf, isnt used as a full-time residence. You get 8 acres of privacy in the middle of a resort. This time, its not even the most expensive Kahala property. Your Email address will be kept private, this form is secure and we never spam you. If you want to live near Diamond Head but can't afford the multimillion-dollar mansions, this gorgeous, custom-built home on Sunset Avenue is a reasonable compromise. Think of it this way: This 17,408-square-foot interior is almost half an acre of house. Its owned by Hale O Aloha, which shares a mailing address with SalesForce Inc., a cloud-computing software company founded by Marc Benioff, a 30-year-veteran of the software industry.

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